THE PHYSICIAN INVESTOR NEWSLETTER

HELPING PHYSICIANS ATTAIN FINANCIAL SECURITY
By Robert M. Doroghazi, M.D., F.A.C.C.

The Precious Metals Have Broken Out

Issue #Interim Bulletin 151A, April 06, 2011

    In a precious metals bull market, silver leads gold. Silver (see the chart for the ETF of SLV, page 2) has been making new highs. Then over the last several days, the big silver miners, such as Coeur D’Alene (CDE), Silver Standard (SSRI) and Silver Wheaton (SLW), broke to new highs.
    Yesterday, gold (see the chart for the ETF GLD, page 3) broke out to a new all-time high on good volume. The big gold miner GoldCorp (GG) did also.
    If you don’t yet have a position in the precious metals, now is the time. If you already have a position, you may wish to add to it now. I again recommend gold and silver bullion coins in your personal possession as the core holding of your portfolio. I will discuss this more in next Monday’s letter.
                                                                      RMD

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